Henan Pinggao Electric Co., Ltd. Announces Resignation of Ren Weili as Chairman of Directorate
January 02, 2018
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Henan Pinggao Electric Co. Ltd. announced that the company's directorate has recently received the letter of resignation from Chairman of Directorate Ren Weili. Due to internal relevant personnel adjustment of the company's final controlling shareholder State Grid Corporation of China, Ren Weili doesn't take relevant positions of the company's controlling shareholder Pinggao Group Co. Ltd. on account of work change. Therefore, he requires to resign from positions including Chairman of the 7th Directorate, Chairman of Development Strategy Committee of the 7th Directorate, Member of Nomination Committee of the 7th Directorate and Member of Remuneration and Evaluation Committee of the 7th Directorate. According to relevant regulations, the resignation report of Ren Weili will take effect as of the date of submitting to the company's directorate.
HENAN PINGGAO ELECTRIC CO., LTD. is a China-based company, principally engaged in the manufacture and distribution of electric power transmission and conversion equipment. The Company's main products include enclosed combined electrical equipment, circuit breakers (CBs), isolating switches and earthing switches, open combined electrical equipment, vacuum circuit breakers, complete set of electrical equipment and instrument transformers, among others. The Company distributes its products within domestic market and to overseas markets.